In a notable leadership development within India’s broadband ecosystem, Vivek Raina, cofounder of Excitel, has stepped down from his role at the company. The move marks a key inflection point for the homegrown internet service provider, which has grown rapidly in recent years by positioning itself as an affordable, high-speed broadband alternative in urban and semi-urban markets.
While details surrounding Raina’s departure remain limited, the development comes at a time when India’s fixed broadband market is witnessing aggressive expansion, infrastructure investments, and heightened competition from deep-pocketed incumbents.
A Founder’s Journey in India’s Broadband Boom
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